Finance & Treasury Management Executive

A strategic and cutting edge leader with 25+ banking / financial services

expertise in the Treasury / Finance Management, Internal Audit and Risk

Management areas for domestic insurance carriers and medium and large

federally regulated banks. I offer significant expertise and hands on

experience in the finance / treasury management area, as well as in

operational and financial risk management, internal audit and compliance

functions spanning all operational areas of commercial / investment banking

and insurance disciplines. Such is evidenced through my track record of

developing and implementing operational risk management, internal audit,

finance and Sarbanes Oxley / NAIC Annual Financial Reporting Model

Regulation (AFRMR) and cash management & analysis functions from the start-

up phase through to a mature process. In addition, I have taken existing

functions and redesigned them to attain greater return and state of the art

performance. I am also highly experienced in working with Boards of

Directors - Audit Committees, senior and executive management, state and

federal regulators, accounting firms and industry peers / experts. I am

adept at developing and maintaining highly collaborative, productive

working relationships with colleagues both internal and external to the

organization. My experiences include:

Treasury & Investment Ops. Credit / Banking Internal Audit

relationships

Cash Management Operations Project Management Fraud Risk Assessment

Process / Control Corporate Governance SAS 70 Reviews

Improvements

Strategic Planning & Sarbanes Oxley Compliance

Budgeting

Finance Risk Management Fraud Detection & Business Continuity &

Prevention Recovery

Select Career Accomplishments

Blue Cross Blue Shield of Rhode Island

> Facilitated changes in managements' investment philosophy resulting in

Corporate Reserves and Pension Investment policy and strategy changes.

Over a three year period, changes have resulted in annual net return

improvement in each portfolio of 50 and 170 basis points respectively.

> Designed and implemented a twelve thru thirty six month cash flow

model and reporting process which facilitated more accurate and

efficient management of short / long term cash flows.

> Redesigned the AFRMR audit process and managed the function to

successful completion of documentation, risk analysis, testing and

remediation of findings in the first year of operation (2010).

> Implemented a finance risk management process which facilitated active

monitoring of financial operational risk by the management and

resulted in greater efficiencies in operational controls. Designed,

implemented and executed corporate entity level and fraud risk

assessment processes.

> Re-organized and upgraded the internal audit department to function as

a risk based audit group. Process changes included providing

consultation services to business units / critical corporate projects,

enhanced career development / training programs for staff and upgraded

CAATs for the department. Changes resulted in the reduction of audit

planning and field work time by 25% - 30% and improved individual

staff retention from an average of two years to four years.

Federal Home Loan Bank of Boston

> Developed and implemented the operational segment of the enterprise

risk management program for the Federal Home Loan Bank of Boston

(FHLBB) to ensure compliance to FHLB risk assessment and monitoring

regulations. My role included the oversight of a management committee

that successfully identified, documented and evaluated the critical

risks and controls in the bank's operating areas.

> Redesigned the FHLBB Sarbanes Oxley process for capturing financial

risk and control data and executed the revision and creation of

documentation to capture the appropriate risk and control information,

as well as the COSO, COBIT and financial statement assertion

requirements.

Career History

Blue Cross Blue Shield of Rhode Island - Providence, RI 2009 to Present

Director of Investments &Treasury Management

Oversee the corporation's treasury operations, investment portfolios,

banking / financing relationships and its cash management forecasting

process. Other duties include management of the organization's commercial

insurance, Finance Risk Management and NAIC Annual Financial Reporting

Model Regulation processes.

Responsibilities include:

> Oversee all Treasury operations and related personnel for the corporation

(3 Management & 22 Staff )

> Manage corporate reserves, pension and 401K investment portfolios ( $800

MM)

> Manage daily liquidity & long / short term cash flow projection models

for the corporation

> Negotiate / oversee all banking and credit/financing activity for the

corporation

> Oversee corporate commercial, liability and network security insurance

policies / relationships with carriers

Blue Cross Blue Shield of Rhode Island - Providence, RI 1993 to 2004

Director / Manager - Internal Audit Department

Responsible for the oversight of the Internal Audit Department. Duties

included the completion of the annual corporate risk assessment and

internal audit plan, supervision of eight auditors and served as the IAD

management representative on corporate project committees. Developed and

presented status updates and reports to the Audit Committee of the Board of

Directors. Oversaw all audit work performed by the department.

Accomplishments include:

> Created and implemented the department's risk based audit practices

> Managed the department to successful completion of the audit plan each

year

> Member of Blue Cross Blue Shield Association QAR committee - developed

and implemented a Quality Assurance Review program for BCBSA member plans

Federal Home Loan Bank of Boston - Boston, MA 2007 to 2009

Manager of Operational Risk Management

Developed, implemented and managed the organization's operational risk

management function. Responsible for the oversight of the institution's

risk assessment projects, its Operational Risk Management Committee and

risk assessment team. Accomplishments include:

> Created and implemented risk models to quantify and assess Bank's

operational, entity level and fraud risks

> Developed key risk indicators and metrics monitoring and implemented risk

reporting for management

Federal Home Loan Bank of Boston - - Boston, MA 2005 to 2007

Sarbanes Oxley Manager - Internal Audit Department

Successfully revised, implemented and managed the Bank's Sarbanes Oxley

risk assessment, documentation and testing processes to meet SEC and FHLB

regulatory requirements

Aetna Insurance Company - Hartford, CT 2004 to 2005

Senior Audit Manager

Bank of Rhode Island - Providence, RI 2004

Chief Auditor

Audit & Compliance Management - Banking 1987 - 1993

Education / Certifications

Education: Bachelor of Science - Business Management, Rhode Island College

Masters of Business Administration - Bryant University

Certifications: Certified Internal Auditor (CIA)

Certified Fraud Examiner (CFE)

Certified Investments and Derivatives Auditor (CIDA)

IIA Accredited Quality Assurance Reviewer

Other: Willing to relocate References will be furnished upon

request

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